abrdn National Municipal Income Fund (VFL) To Go Ex-Dividend on September 23rd

abrdn National Municipal Income Fund (NYSE:VFL) declared a monthly dividend on Wednesday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.05 per share on Monday, September 30th. This represents a $0.60 annualized dividend and a dividend yield of 5.32%. The ex-dividend date of this dividend is Monday, September 23rd. This is a boost from abrdn National Municipal Income Fund’s previous monthly dividend of $0.05.

abrdn National Municipal Income Fund has decreased its dividend by an average of 7.4% per year over the last three years.

abrdn National Municipal Income Fund Stock Performance

abrdn National Municipal Income Fund stock opened at $11.27 on Friday. The business has a 50 day simple moving average of $10.89 and a 200-day simple moving average of $10.46. abrdn National Municipal Income Fund has a 12 month low of $7.93 and a 12 month high of $11.43.

abrdn National Municipal Income Fund Company Profile

abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.